Market Insider

After-hours buzz: APC, LB, LUV & more

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Check out which companies are making headlines after the bell on Monday:

Shares of Anadarko Petroleum initially fell more than 2 percent Monday after the company missed on its earnings report. The petroleum and natural gas company reported an adjusted loss of 89 cents per share, which was wider than the expected loss of 58 cents per share, according to FactSet.

L Brands shares fell more than 5 percent in extended trading Monday after the company reported estimated October comparable sales figures and updated its guidance for third quarter earnings. The company said it expects comparable sales to rise 1 percent overall, including a 2 percent drop in comparable sales at Victoria's Secret and a 6 percent increase at Bath & Body Works.

It also said it now expects third quarter earnings per share to be about 40 cents, instead of its previous guidance of between 40 cents and 45 cents a share.

Southwest Airlines saw its stock fall more than 2 percent after the bell Monday, following news that the airline's fight attendants approved a new labor agreement. The two-year contract includes a ratification bonus and annual wage rate increases over the life of the contract.

The union said that 53.9 percent of those who cast ballots voted in favor of the contract agreement. About 83 percent of eligible flight attendants voted.

Valent Pharmaceuticals shares ticked up by more than 1.5 percent after the bell. The company's stock fell 12.3 percent during the day on a report that Valeant's former CEO Michael Pearson and former CFO Howard Schiller are allegedly the focus of an accounting fraud case, which may be related to specialty pharmacy Philidor RX Services, according to the Bloomberg report.

After the market closed, Valeant said the US Attorney's Office for the Southern District of New York in October 2015 commenced an investigation involving Valeant, but the company does not comment on rumors about investigations.